Two-Building Office
For Sale
$535,000
6281-6301 Stadium Drive, Kalamazoo, MI 49009
Commercial Sale, Kalamazoo, MI
Property Size4,879 SF
Lot Size0.86 Acres
Price / SF$109.65
Days on Market138
Property Features for 6281-6301 Stadium Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 5, Basement
Elementary school district
Kalamazoo
Middle school district
Kalamazoo
High school district
Kalamazoo
Standard status
Active
APN
05-26-474-090
Size
4,879 SF
Lot size
0.86 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
On file.
Tax Annual Amount
18388
Legal Description
On file.
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1951
Floors in Building
1
Number of units
2
Building materials
Vinyl Siding, Brick, Stone
Roof type
Composition
Listing Agency:
Kalamazoo Commercial Real Estate
(269) 888-2755
Listed By:
Andrew J Gyorkos · License #6502406462
(269) 760-5201
Added: May 21
Changed: Sep 22
Last Checked: Oct 5 at 5:06PM
MLS# 26023815
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes two office buildings at 6281-6301 Stadium Drive with a combined property size of 4,879 square feet. The improvements date to 1951 and include multiple bathrooms, basement space, forced-air heating, central air conditioning, composition roofing, and a mix of vinyl siding, brick, and stone construction. Natural gas is available.
The buildings occupy the Stadium Drive corridor in Oshtemo Township, near the intersection of 9th Street and Parkview Avenue and approximately one mile from US-131. Their Village Commercial District zoning allows a variety of permitted uses. The two addresses are being offered together, with the option to acquire them separately.
The buildings occupy the Stadium Drive corridor in Oshtemo Township, near the intersection of 9th Street and Parkview Avenue and approximately one mile from US-131. Their Village Commercial District zoning allows a variety of permitted uses. The two addresses are being offered together, with the option to acquire them separately.
Key Highlights
- Two office buildings offered at 6281‑6301 Stadium Drive
- 4,879 square feet of property size
- Village Commercial District zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,899
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,980
$978.0K
Cap Rate 7%
$698,557
$698.6K
Cap Rate 9%
$543,322
$543.3K
Market Conditions
NOI Build-Up for 4,879 SF
Gross rent
$70.3K $14.40/SF
− Vacancy
−$5.1K −$1.04/SF
EGI
$65.2K $13.36/SF
− OpEx
−$16.3K −$3.34/SF
NOI
$48.9K $10.02/SF
Area
Kalamazoo County, MI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,980
Cap Rate 7%
$698,557
Cap Rate 9%
$543,322
Alternative Uses
Best Use
Office B
$698.6K
$611.2K – $815.0K
NOI $48,899 @ 7.0% cap · market cap 9.14%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.28M
$1.12M – $1.49M
NOI $89,371 @ 7.0% cap · market cap 16.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
Demographics for 49009, MI
47,188
Population
20,609
Households
2.3
Avg Household Size
38
Median Age
50%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
462
Density / Sq Mi
$82,364
Median Household Income
$44,702
Median Earnings
$1,089
Median Rent
$330,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Village Commercial zoning supports a range of permitted uses near US-131 access.
Where is this office building located?
The property is located at 6281-6301 Stadium Drive Kalamazoo, MI.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two office buildings offered at 6281‑6301 Stadium Drive; 4,879 square feet of property size; Village Commercial District zoning
